News Explorer — DBS, Singapore's Top Bank, Sees Its Digital Exchange Surge

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Jul 9, 6:07 pm

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DBS, Singapore's Top Bank, Sees Its Digital Exchange Surge

DBS, the largest bank in Singapore, has experienced a significant increase in trading volume on its digital exchange this year. The value of digital payment tokens traded on DBS Digital Exchange has tripled in the first five months of 2024 compared to the same period in 2023. The number of active trading clients has grown by 36%, and digital assets held by the platform have increased by 80%.

DBS, the largest bank in Singapore, has experienced a significant increase in trading volume on its digital exchange this year. The value of digital payment tokens traded on DBS Digital Exchange has tripled in the first five months of 2024 compared to the same period in 2023. The number of active trading clients has grown by 36%, and digital assets held by the platform have increased by 80%.

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